83,056
edits
Template:ISDA Master Agreement 2002 13(b): Difference between revisions
Template:ISDA Master Agreement 2002 13(b) (view source)
Revision as of 17:41, 9 August 2018
, 9 August 2018no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 2: | Line 2: | ||
:{{isdaprov|13(b)(i)}} submits:―<br> | :{{isdaprov|13(b)(i)}} submits:―<br> | ||
::(1) if the {{isdaprov|Agreement}} is governed by {{tag|English law}}, to the [[non-exclusive jurisdiction]] of the English courts (unless the {{isdaprov|Proceedings}} involve a {{isdaprov|Convention Court}}, in which case it will be the [[exclusive jurisdiction]] of the English courts); or <br> | ::(1) if the {{isdaprov|Agreement}} is governed by {{tag|English law}}, to the [[non-exclusive jurisdiction]] of the English courts (unless the {{isdaprov|Proceedings}} involve a {{isdaprov|Convention Court}}, in which case it will be the [[exclusive jurisdiction]] of the English courts); or <br> | ||
::(2) if this {{isdaprov|Agreement}} is expressed to be governed by the laws of the State of [[New York]], to the non-exclusive jurisdiction of the courts of the State of New York and the United States District Court located in Manhattan; <br> | ::(2) if this {{isdaprov|Agreement}} is expressed to be governed by the laws of the State of [[New York]], to the [[non-exclusive jurisdiction]] of the courts of the State of New York and the United States District Court located in Manhattan; <br> | ||
:{{isdaprov|13(b)(ii)}} waives (i) any objection to the laying of venue of any {{isdaprov|Proceedings}} brought in any such court, (ii) any claim that the {{isdaprov|Proceedings}} have been brought in an [[inconvenient forum]] and (iii) the right to argue that such court has no jurisdiction | :{{isdaprov|13(b)(ii)}} waives (i) any objection to the laying of venue of any {{isdaprov|Proceedings}} brought in any such court, (ii) any claim that the {{isdaprov|Proceedings}} have been brought in an [[inconvenient forum]] and (iii) the right to argue that such court has no jurisdiction; and<br> | ||
:{{isdaprov|13(b)(iii)}} agrees that | :{{isdaprov|13(b)(iii)}} agrees that {{isdaprov|Proceedings}} brought in one jurisdictions will not preclude {{isdaprov|Proceedings}} in any other jurisdiction.<br> | ||